Selling the Assets of Your Business in a Strategic Sale

TMBA 217: Selling the Assets of Your Business in a Strategic Sale
Date: 2013-11-07
Link: Tropical Talk Radio
 
Look at profitability rather than top line revenue.
Think strategically about the next buyer.
A strategic buyer will be different than a cash-flow or EBITDA buyer.
Most companies don’t take on a company’s liabilities.
Get professional representation.
Get the best attorneys you can possibly can.
Your attorneys aren’t going to let you screw things up.
Get to a yes or no as fast as you possibly can.
Wasting too much time leads to a no.
An attorney who represents you, and you only, is going to help you see through a lot of things that you aren’t seeing right.
Be the lynchpin.